Reported 4 months ago
The company behind Donald Trump's Truth Social platform, Trump Media and Technology Group, has asked Louisiana's Office of Financial Institutions to investigate suspected illicit activities in the trading of its shares. The CEO, Devin Nunes, sent a letter to look into potential market manipulation and violations of Louisiana Securities Law, citing significant short sales and failures to deliver in trading data. The company's volatile stock performance since going public has raised concerns among investors.
Source: YAHOO